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This entry discusses Adam Smith’s theory of justice and its application to the law. Smith’s theory of justice combines natural and acquired rights with a focus on commutative justice and economic reasoning. Core concepts are resentments, sympathy, the impartial spectator, and liberty. A possible conflict between liberty and economic expedience is illustrated by Smith’s discussion of usury and bank regulation.

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Smith, Adam

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  • 发表日期：

    2025年

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  • Manfred J. Holler

摘要

This entry discusses Adam Smith’s theory of justice and its application to the law. Smith’s theory of justice combines natural and acquired rights with a focus on commutative justice and economic reasoning. Core concepts are resentments, sympathy, the impartial spectator, and liberty. A possible conflict between liberty and economic expedience is illustrated by Smith’s discussion of usury and bank regulation.